Insider Selling: CBRE Group (NYSE:CBRE) CFO Sells $294,165.00 in Stock

CBRE Group, Inc. (NYSE:CBRE) CFO Emma Giamartino sold 2,250 shares of the company’s stock in a transaction on Friday, May 15th. The stock was sold at an average price of $130.74, for a total value of $294,165.00. Following the transaction, the chief financial officer directly owned 110,729 shares in the company, valued at approximately $14,476,709.46. This represents a 1.99% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

CBRE Group Stock Up 2.2%

NYSE:CBRE opened at $131.00 on Thursday. The stock’s fifty day moving average price is $139.69 and its two-hundred day moving average price is $151.62. CBRE Group, Inc. has a 52-week low of $118.81 and a 52-week high of $174.27. The company has a debt-to-equity ratio of 0.57, a quick ratio of 1.08 and a current ratio of 1.08. The company has a market cap of $38.36 billion, a price-to-earnings ratio of 29.84 and a beta of 1.28.

CBRE Group (NYSE:CBRE) last posted its quarterly earnings data on Thursday, April 23rd. The financial services provider reported $1.61 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.13 by $0.48. CBRE Group had a return on equity of 24.08% and a net margin of 3.11%.The firm had revenue of $10.53 billion for the quarter, compared to the consensus estimate of $10.22 billion. During the same quarter in the prior year, the business earned $0.86 EPS. The business’s revenue for the quarter was up 18.1% compared to the same quarter last year. CBRE Group has set its FY 2026 guidance at 7.600-7.800 EPS. On average, analysts anticipate that CBRE Group, Inc. will post 7.72 EPS for the current year.

Institutional Trading of CBRE Group

Several institutional investors and hedge funds have recently made changes to their positions in CBRE. State Street Corp increased its position in shares of CBRE Group by 0.8% in the 3rd quarter. State Street Corp now owns 13,839,768 shares of the financial services provider’s stock valued at $2,180,594,000 after buying an additional 105,586 shares in the last quarter. Principal Financial Group Inc. increased its position in shares of CBRE Group by 3.2% in the 1st quarter. Principal Financial Group Inc. now owns 9,870,413 shares of the financial services provider’s stock valued at $1,337,051,000 after buying an additional 302,426 shares in the last quarter. Geode Capital Management LLC increased its position in shares of CBRE Group by 1.8% in the 4th quarter. Geode Capital Management LLC now owns 8,475,131 shares of the financial services provider’s stock valued at $1,369,409,000 after buying an additional 151,027 shares in the last quarter. Harris Associates L P increased its position in shares of CBRE Group by 0.6% in the 4th quarter. Harris Associates L P now owns 6,928,621 shares of the financial services provider’s stock valued at $1,114,053,000 after buying an additional 38,646 shares in the last quarter. Finally, Morgan Stanley increased its position in shares of CBRE Group by 6.4% in the 4th quarter. Morgan Stanley now owns 6,691,017 shares of the financial services provider’s stock valued at $1,075,849,000 after buying an additional 403,489 shares in the last quarter. Institutional investors own 98.41% of the company’s stock.

Analysts Set New Price Targets

Several research analysts have issued reports on the company. Evercore reaffirmed an “outperform” rating and set a $179.00 price objective on shares of CBRE Group in a report on Friday, April 24th. Wall Street Zen upgraded shares of CBRE Group from a “hold” rating to a “buy” rating in a research report on Saturday, April 25th. UBS Group upgraded shares of CBRE Group from a “neutral” rating to a “buy” rating and upped their target price for the company from $175.00 to $185.00 in a research report on Sunday, February 22nd. Weiss Ratings upgraded shares of CBRE Group from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Friday, April 24th. Finally, Barclays upped their target price on shares of CBRE Group from $175.00 to $178.00 and gave the company an “overweight” rating in a research report on Tuesday, May 5th. Nine research analysts have rated the stock with a Buy rating, Based on data from MarketBeat.com, CBRE Group has a consensus rating of “Buy” and an average target price of $180.29.

About CBRE Group

CBRE Group, Inc is a global commercial real estate services and investment firm that provides a broad range of advisory, transactional and property-related services to occupiers, investors and owners. Its core activities include leasing and sales brokerage, facilities and property management, valuation and advisory, project and development services, and capital markets execution. The firm serves corporate occupiers, institutional investors, private owners and public entities across office, industrial, retail, multifamily and specialized property types.

In addition to traditional brokerage and management services, CBRE offers investment management capabilities and outsourced real estate solutions, combining market research, technology and data analytics to support portfolio strategy, transaction execution and asset operations.